When is the right time to appoint a law firm

When Is The Right Time To Appoint a Law Firm?

If you want to engage a law firm, you should do it at the early stages in the dispute process. The in-house lawyers today have to play a larger role these submit arbitration andthan appoint fordispute the rest.these days. While it days.

They the have to do more just arbitrators manage the possible for some cased to be managed entirely in-house and the law firms have to be involved later. But how lawyers are best going to decide when the time is ripe to get the external counsel. Here are few points that you should consider: 1-How Complex & Valuable Is Dispute?

Some disputes are more complex than others, and that’s where you may need Arbitration Law Firm Beirut Lebanon. These cases may be high profile shareholder dispute or construction disputes which may involve public works or infrastructure projects. In all such cases, you should prefer to get a law firm to be on board at an early stage. It is because if the case involves arbitration for recovery of outstanding sums then having a law firm will help in better representation of case thus; it may lead to positive outcomes. Working this way the firm may save costs as well. If the case were beyond the capability of inhouse lawyers, it would be better to hire a law firm right from the beginning. The claim amount also plays a key role. Most of the in-house lawyers should seek the help of law firms for high value disputes no matter what the complexity the case has.

2-What Are Costs Involved?

The responsibility lies with in-house lawyer to decide when to hire law firm. In fact the in-house lawyers are a cost to company. And they should work in way to minimize the costs to the company. In those cases when the dispute is complex you should hire Arbitration Law Firm Beirut Lebanon and also make sure that the costs are justified.

3-When to Seek Help?

It all depends on your capacity. It may not be possible to manage the entire arbitration if lengthy pleadings are involved. So the internal counsel may draft and submit the arbitration and appoint arbitrators for the rest.

In The End When you seek the help of the arbitrators at the right time, you not just reduce the costs, but also make sure that a solution is reached quickly.